actually be conducting business in the state you have chosen. Where you organize should not be based upon either your or your sisters residence. It should be based upon an analysis of the type of business you intend
to pursue, where the business will be operated, and the impact of the states tax laws on the type of business you have chosen. You must also analyze whether the business should be a corporation or a limited liability company (or some other form of entity) and how you want the entity to be taxed. You should consult an attorney familiar with these transactions help you to make the proper decisions.
Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.